Complete List of Morningstar Analyst Ratings for ETFs

[Editor's Note: The rated ETFs in the list below were valid as of publication date of this article, Nov. 1, 2016. Premium Members can see the current list of Medalist-rated ETFs.]

We recently added ETFs to our Morningstar Analyst Rating framework. This rating, which follows a Gold, Silver, Bronze, Neutral, and Negative scale--is forward-looking. It expresses our analysts' conviction in a fund's ability to beat its peers after accounting for fees and risk over a market cycle.

Because the Analyst Rating we assign to ETFs follows the same methodology we use to assign ratings to traditional mutual funds, it should also make it easier for investors to compare ETFs against relevant mutual funds. That practice has grown more commonplace in recent years as ETFs have become more widely available and the popularity of low-cost, passive investing has taken hold.

The new ETF analyst reports are available now, and the full list of the initially rated funds is below. We will be adding the ETF analyst rating to our quote pages and screeners in the near future.